41957 N Ridge RD Active Save Request In-Person Tour Request Virtual Tour
Elyria,OH 44035
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Wilbur Heights
MLS Listing ID 5105267
Year Built 1920
Annual Tax Amount $6,875
Tax Year 2024
Lot Size 0.860 Acres
Property Sub-Type Retail
Property Description
Prime Income-Generating Commercial Property
Seize this incredible investment opportunity! This versatile property features a 7,092 sq. ft. main building divided into three distinct spaces: a rear unit (3,452 sq. ft.), plus center and front units (each 1,800 sq. ft.) with upstairs offices. A garage and a newly renovated single-family home add even more potential.
Currently, the large and center spaces and garage are leased, generating $2,550/month in rental income, with room to increase earnings. Located in a high-traffic commercial area with ample parking, this property is perfect for continued rental income or launching your own business. Don't miss this prime opportunity—schedule a showing today!
Location
State OH
County Lorain
Interior
Heating Forced Air,Gas
Cooling Wall Unit(s)
Exterior
Parking Features Additional Parking,Direct Access,Paved
Roof Type Asphalt,Fiberglass
Building
Story 2
Sewer Public Sewer
Water Public
Schools
School District Elyria Csd - 4706
Others
Special Listing Condition Standard